Stocks Open Narrowly Mixed; Tellabs, Five Below Gap Up

Stocks opened mixed Friday, as company news drove several dramatic gains and losses. The Dow clung to a 0.1% gain. The S&P 500 gave up an early gain and slipped a fraction. The Nasdaq dipped 0.2%. Volume was mixed, up 9% on the Nasdaq and 13% lower on the NYSE compared with the same time Thursday. The Chicago Purchasing Managers Index perked up to 50.4, showing a rise in Midwest manufacturing ...

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Investor’s Business Daily provides exclusive stock lists, investing data, stock market research, education and the latest financial and business news to help investors make more money in the stock market. All of IBD’s products and features are based on the CAN SLIM® Investing System developed by IBD’s Founder William J. O’Neil, who identified the seven common characteristics that winning stocks display before making huge price gains. Each letter of CAN SLIM represents one of those traits.

Select market data is provided by Interactive Data Corp. Real Time Services. Price and Volume data is delayed 20 minutes unless otherwise noted, is believed accurate but is not warranted or guaranteed by Interactive Data Corp. Real Time Services and is subject to Interactive Data Corp. Real Time Services terms. All times are Eastern United States. *Reflects real-time index prices.